https://www.taxtmi.com/caselaws?id=179167 The Tribunal held that the disallowance under section 14A was unnecessary as the car expenses incurred by the assessee did not have a nexus with the share income from the firm. The Tribunal also found that the ad-hoc disallowance of 15% of car expenditure was unjustified as the expenses were solely for professional purposes. Additionally, the Tribunal dismissed the issue of taxing the refund of municipal tax since relief had already been granted by the Commissioner (Appeals). en-us Wed, 27 Apr 2011 00:00:00 +0530 Mon, 22 Feb 2016 15:45:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179167 The Tribunal held that the disallowance under section 14A was unnecessary as the car expenses incurred by the assessee did not have a nexus with the share income from the firm. The Tribunal also found that the ad-hoc disallowance of 15% of car expenditure was unjustified as the expenses were solely for professional purposes. Additionally, the Tribunal dismissed the issue of taxing the refund of municipal tax since relief had already been granted by the Commissioner (Appeals). Case-Laws Income Tax Wed, 27 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179167